A coalition of 40 attorneys general is intervening in Character.AI’s bankruptcy proceedings to demand strict data protections for users, particularly minors, as the company prepares to sell assets to Disney.
Disney has bid $20 million for intellectual property from the struggling chatbot startup Character.AI as the company navigates bankruptcy proceedings.
AI startup Character.AI has filed for bankruptcy, with Disney set to acquire a portion of its assets for $20 million amid ongoing legal and regulatory pressures.
Interactive chatbot platform Character.AI has filed for Chapter 11 bankruptcy and is seeking a buyer after five years of operation.
Character.AI has filed for Chapter 11 bankruptcy and is auctioning assets, with Disney making an initial $20 million bid for its technology.
Epic Games is shifting its focus toward AI-accelerated development, resulting in the delay of a major shooter title tied to a $1.5 billion investment from Disney.
Character.AI has filed for bankruptcy and is selling assets to Disney for $20 million as it faces liabilities of up to $100 million.
Epic Games has indefinitely delayed its Disney-themed hero shooter and mandated a shift toward generative AI tools like Claude for future development.
Epic Games is pivoting its unannounced Disney shooter project to an AI-first development model following delays, utilizing tools like Claude to handle core coding and art production.
Epic Games is shifting to AI-focused development, resulting in an indefinite delay for its $1.5 billion collaboration project with Disney.
Epic Games is shifting the development of its Disney extraction shooter to an AI-first model, following internal concerns over gameplay originality.
Streaming industry consolidation, exemplified by Disney's acquisition of Fubo and planned mergers between major media giants, is making it increasingly difficult for consumers to boycott specific companies.
OpenAI has shut down its Sora video app and API, canceling a $1 billion partnership with Disney to prioritize research in robotics and AGI.
Disney is updating its user agreement to allow advertisements across all Disney+ subscription tiers, starting with the UK market.
Disney+ has updated its terms of service to include advertisements across all subscription tiers, including the premium plan.
Disney has hired former Character.AI CEO Karan Deep Anand as its first Chief Technology Officer to lead the company's AI, data, and infrastructure strategy.
Disney has named former Character.AI CEO Karandeep Anand as its first chief technology officer, despite a prior legal dispute over intellectual property infringement.
Disney has named former Character.AI CEO Karandeep Anand as its first-ever chief technology officer to unify the company's technical infrastructure.
